MONDAY. JANUARY 11. lam
PAGE FOUR
HERALD AND NEWS. KLAMATH FALLS. OREGON
NEW YORK STOCKS
By THE ASSOCIATED PRESS
Admiral Corporation 19 '2
Allied Chemical 73 U
Allis Chalmers . 45 i
American Airlines , 11
American Tel. & Tel. 156 tt
American Tobacco 59 'i
Anaconda Copper 30
Atchison Railroad 93
Bethlehem Steel 50
Boeing Airplane Co. 46 U
Borg Warner 16
Burroughs Adding Machine 16 i
California Packing 23 .
Canadian Pacific 23 '.
Caterpillar Tractor - 48
Celsnese Corporation 19 !i
Chrysler Corporation 69 '2
Clt:es Service 18
Consolidated Edison 41 Tt
Consolidated Vultee 17
Crown Zellerbach 35
Cuitlss Wright 7 It
Douglas Aircraft 79
du Pont de Nemours 104 Vt
Eastman Kodak 47 ,
General Electrio 87 ft
General Foods 59 "!
General Motors 59 2a
Georgia Pac Plywood 11 xk
Goodyear Tire 52 3,'a
International Harvester 28 ?i
Johns MHnville 65
Kennecott Copper 65
Llhby, McNeill . 9
Loew's Incorporated 13 ?i
Long Bell A
Montgomery Ward 58 '2
Mash Kelv'inator 17 Vi
New York Central 18
Northern Pacillc 5t U
Pacific American Fish 1 ',i
Pacific Gas & Electric 39 "Si
Pacific Tel. & Tel. 115
Packard Motor Car 3 Vt
Penney (J.C.) Co. ' 76 ,i
Pennsylvania R.R. 17
Pepsi Cola Co. 13 i
Phllco Radio 28 ft
Hadio Corporation 22 ft
Itayonler Incorp 26
Republic Steel 47 ;a
Reynolds Metals 52
Richfield Oil 48 M
SHfcwuy stores Inc. 39 ii
Scott paper Co. ' 70 y2
Sears Roebuck & Co. 60 t
Socony-Vacuum Oil 35 ft
Southern Pacific 38 ft
Standard Oil Calif. 53 't
Standard Oil N.J. 73 h
Studebaker Corp. 21
Swift & Company 43 ft
Transamerica Corp. 26 ft
Twentieth Century Fox 20
Union Oil Company 39
Union Pacific 1 106
United Airlines 21 ft
United Aircraft 45 i2
United Corporation 5
United Slates plywood 24 ,
United States Steel 39 ft
Warner pictures 14
Western Union Tel 40 ft
Westlnghouse Air Brake 24 Vt
Wcstinghouso Electric 60 ,
WoolWQrth Company 43 ft
LWst
CHICAGO LIVESTOCK
CHICAGO (1 A very small
supply of salable hogs provided
the background for a sharp price
upturn Monday. Butchers gained
50 cents to $1.25 while sows jumped
$1.00 to $1.50.
Choice 180 to 230 pouna outcner
hogs sold at 526.25 to $27.00, the
top. Choice 350 to 550 pound sows
brought S21.0Q to S22.75. Salable
receipts at 7,500 head compared
with 17,447 a week ago and 18,554
a year ago.
Cattle generally were firm as
salable receipts at 12 major mar
kets fell to 103,100 a head against
112,440 a week ago and m.iw a
year ago.
Steers and neners movea ai
steady to 50 cents higher prices 111
active dealings. Several loads of
prime steers sold at 129.75 to 131.00
the top, with tne nunc 01 cnoice
steers moving at $24.00 to $2(.1i.
Utility and commercial cows
brought $10.50 to $13.50. Utility and
commercial bulls $13.50 to $17.00
and commercial to prime vcalers
$18.00 to $28.00.
Slaughter lambs were active at
steady to 50 cents higher prices
Sheep held steady. Good and choice
woolcd slaughter lambs were taken
at S19.00 to $20.50 with choice and
prime $20.75 to $21.75.
PORTLAND (.tv-t USD A) Cattle
salable 2.200: market uneven; fed
steers generally 50 higher; otner
classes steady-strong; small lot
choice-prime 1,060 lb fed steers
25.00; load choice 1,111 lbs 24.75;
load 977 lbs 24.50: 1.177 lbs 24.00:
few loads mostly good steers 22.50
23.00; commeruial-good uhorttecis
19.00-21.50; utility low commercial
steers 15.00-18.50; good fed heifers
20.00-21.00: commercial-low good
heifers 15.50-19.50; utility 12.00-
15.00; canner-cutter cows 8.50-11.00;
shells down to 6.00; utility cows
mostly 11 50 - 13.00; commercial
grades 13.50-14.60; utility - commer
cial bulls 14.00-16.50.
Calves 350: mnrkct active, strong,
extreme vealer top 1.00 higher;
good-choice vcalers mostly 20.00
24.00; prime 26.00-27.00 with one :!35
lb vealer 28.00; good-choice slaugh
ter calves 18.00-21.00; ulility down
to 11.00; one lot good-choice 496 lb
stock calves 20.00.
Hogs salable 1,250; market 50
higher; choice 180-235 lb butchers
27.75 to mostly 28.50, few- head
28.60-65; choice 250-320 lbs 2G.00.
21.00; choice 350-550 lb sows 22.50-24.50.
Sheep salable 1.800; slaughter
lambs 50-1.00 higher; numerous lots
choice-prime fed woolcd lambs
20.00-50; good choice lots 18.00
!9.50: good-choice feeder lambs
14.50-15.00. some held higher;, util
lty-good slaughter ewes steady at
4.00-5.50. .
Fourteen Amendents To
Taft-Hartley Law Asked
By Ike Of New Congress
By NORMAN WALKER
WASHINGTON M President
Eisenhower Monday asked Con
gress to adopt 14 amendments to
the Taft-Hartley labor law, Includ
ing a provision that workers must
vote approval of any strike before
it can go into effect.
On the .strike proposal the Presl
dent recommended1 that before a
union could order workers off
their Jobs the workers be required
to approve the action in a secret,
government-held election.
Eisenhower's proposals contained
some changes suggested by man
agement and some asked by labor.
Among the presidential propos
als was one that would give states
more jurisdiction in labor disputes.
Others would require employers
to submit non - Communist affi
davits as well as union leaders,
and would remove some of the
present restrictions against union
boycotts and strikers.
Eisenhower called on Congress
to make a "thorough study" of
union welfare pension funds "with
a view of enncting such legislation
as will protect and conserve these
funds for the millions of working
men and women who are the bene
ficiaries."
There have been numerous sug
gestions from management and
Congress members that such funds
should hnve public supervision,
similar to insurance regulations
CHICAGO GRAIN
CHICAGO Iff) Grains sUsed a
filight rally In quiet dealings on
the board of trade Monday follow
ing President Eisenhower's farm
policy message to Congress,
me rally enabled oil cereals ex
cept corn to wipe out early losses
and corn got back to around the
previous close. Soybeans led the
upturn, saining a couple of cents
at one time.
Wheat closed Ti-1 ft higher,
March 2.09 y8-2.10; corn unchanged
to iv lower, March 1.54; oats ft
lower to 1 ft higher, Mnrcfi 10
rye 1 V to 2 cents higher, March
1.21 Vt ; soybeans H to 3 cents high
er, Jnn 3.06 -3.07, and lard 17 to
50 cents a hundred pounds higher,
Jan 17.42.
WHEAT
Open High Low Clone
Mar 2.09 2.10 2.08 'i 2.09 Vt
May 2.08 2.01) ft 2.07 ft 2.09
Jly 1.09 '2 2.01 1.99 2.00 1b
Sep 2.02 ft 2.03 2.01 ft 2.03
PORTLAND GRAIN
PORTLAND lPl Grain unquoted.
Monday's car receipts: Wheat
22; barley 4; flour 10; com 4; oats
4; mill feed 17.
Tule, Merrill
Dance Slated
MERRILL A penny for Tule
lake, a penny for Merrill for each
yea; of your ago with a mini
mum charge of 25 years or 50
cents. That Is Ihc admission set for
the March of Dimes benefit square
dunce to be held Wednesday, Jan.
13. at Moose Hall In Merrill.
Dancing begins at 0 p.m., with
plenty of Klnmath Basin callers ex
pected to be on hand In response to
Invitations to participate.
The dance is being sponsored by
the Merrill Order of Moose, pro.
cccds will be divided equally be
Iwcen the Merrill nnd Tulelnkc
March of Dimes drives, as has
been done In the past.
Two Moose members will be on
hand at the admission booth to act
as "He detectors.'
Home Sold, But
Owner Now Missing
Whereabouts of James W. Over.
turf, resident of Klamath Falls for
several years, Is being sought by
a local realtor. John Argetsinger,
who sold a house for him and can
not deliver the cash.
o erturf left here about two
jours ago for Madras where he
wu employed by the Oregon Btatc
Ul'.liway Dept.
lj tiers came regularly Irom him
lir a time but recently answers
f -m to that address have been re.
erred.
Hie home Is located at 3115
".oht'dman Street. .
A.iyone knowing the present ad'
i s of the family Is asked to noli
iv Argetsinger.
Police Push
Probe Over
Death Case
A Portland gunman, who police
say was out for a "fast buck" via
the st.ck.up route was held in the
County Jail Monday on an armed
robbery charge while authorities
completed their Investigation of his
partner's death in a rooming house
shooting affray.
Dr. George H- ADler, county cor
oner, Issued a statement In which
District Attorney Alderson concur
red In which he said no Inquest
was held necessary in the slaying
of Edwin Coyle, 31-year-old Port
land stonemason, by City Police
man James o Ncal. I
Dr. Adler an Id after a pout mm-
tern examination that officer O'Ne
should be commended for doing his
dlty.
The coroner also said that nt the
time' O'Neal was forced to shoot
Coyle, the gunman was In a posi
tion of combat. Other findings at
the coroner's Inquiry were:
The vicLm still had a gun
clutched in his hand after he fell
in the hallway of a rooming house
at Spring and Elm streets.
The slain man whs Interrupted
In the commission of a felony.
The decensed was warned to put
up his hands.
That the ollicer Involved de
serves commendation for carrying
out his duties in ihe face of dan
gerous odds.
Raymond J. Bod met, 28-ycur-om
Portlander, who is alleged to have
participated with Coyle In the
rooming house holdup, Monday re
tained Attorney Ben Ootulard. God
dine! declined to discuss the case.
Bodlnct is held In Jail In lieu ol
$15,000 bond pending further action
by the grand Jury,
In the meantime, two women
who says they were bound and
gagged by the bandits are held In
the County Jail under (1,000 bond
as material witnesses.
District Attorney Frank Alderson.
who filed the charge against Bo-
dinet. said he will make a formal
statement concerning the case la
ter.
The shooting of Coyle occurred
last Friday alter police were called
to the rooming house where It was
reported a holdup was In progress.
Elizabeth Caldwell, Negro maid
In the rooming house was also
bound and Ranged bv the bandits.
She freed herself from her bonds
nnd ran from the rooming house.
She reportedt the holdup.
1st National
Releases
'53 Figure
Year-end statements of condition
figures released by the Klamath
Palls Branch of First National
Bank of Portland show that on De
cember 31, 1053, deposits at the
branch wore Jl(i,50!). 504. 81 and
loans were $11,443,640.20. Announce;
ineiit of the totals were made by
B. H. Tisdnle, manager of the local
branch. Released at the same
time were comparable totals for
the branch for December 31, 1952.
On thnt date, deposits were $17,638,
942.09 and loans were $12,762,430.42.
Figures released by M. E. Shan-1
non. manager of the South Sixth ;
Street Branch, on Dec. 31, 1953 j
were deposits $2,038,078.40 and I
loans $1.292.488.81.. .
Figures released ,by M. F. Shci
ton, manager of Merrill Branch, on
December 31, 1053 were deposits
$2,368,680.40 nnd loans $1,650,440.97.
Comparable figures for December ;
31, 1052 were deposits $2,797,761.02
and loans $2,410,325.53.
Further figures show that on De
cember 31, 1053, deposits at the
First National Bank of Portland
and its 40 statewide offices were
$589,047,433.24, loans were $301,022,
354.37 nnd resources were $646,160,
026.67. In releasing the figures, C. B
Stephenson, president of .the bank,
reported that deposits and resourc
es were down slightly over a year
ago, and loans were up over the
same period one year ago. Over
December 31, 1052, deposits drop
ped $2,748,189, resources were down
$833,368 and, loans Increased $2,
207.677. Also released at the same time
were figures for the First National
Bank group, consisting of the First
Nntlonal Bank or Portland and Its
49 statewide banking offices and 15
nlfillated bunks with 18 offices. On
December 31, 1053 deposits for the
group worn $728,104,030, loans were
$358,387,2B0 and resources- wore
$798,I43,B46, These figures repre
sent a decrease over December 31,
1052 of $1,720,758 In deposits, an In
crease of $2,441,480 In loans and
ah Increase of $810,671 In resourc-
now In effect.
The President reiterated his con
viction that the Taft-Hartley act
Is "sound legislation." But he said
experience gained during the sev
en years the law has been in ef
fect, indicates that changes are
needed "to reinforce its basic objectives."
The President's recommenda
tions appear to steer a middle
course between the expressed de
sires oi labor and management,
The proposal for a pre - strike
poll of workers Is not without pre-
ceaent in American labor law.
The Smith - Connallv act of
World War II required assent
from workers before they could
legally go out on strike.
In suggestion the adoption of this
provision as part of the Taft -Hartley
act. Eisenhower said:
"mere Is nothing which so vitallv
effects the individual employe as
tne loss of his pay when he Is
called on strike.
"In such an Important decision
he should have an opportunity to
express his free choice by secret
ballot held under government aus.
pices."
In his discussion of welfare
funds, the President noted that the
law now bars an employer from
making payments to a union to
help finance such funds unless the
fund meets certain standards.
But Elsenhower said these
standards are not adequate to pro
tect and conserve these funds that
are held in trust for the welfare
of individual union members.
In his 2,500-word message the
President expressed his hope that
the changes he suggested "will be
enacted by Congress promptly, for
they will more firmly establish the
basic principles of the law.
Elsenhower said: , i
Government should continue to
search diligently for sound meas
ures to Improve conditions of the
Moose Set
Square Dances
Mr. and Mrs. Edwin Johnson of
the Loyal Order of Moose and
Women of the Moose will take over
the square dances 'being held at
Moose Hall every Monday at 1:30
p.m. All who enjoy dancing may
attend and teen-agers are invited.
The College of Regents, Women
of the Moose, have resumed their
card parties. The first game of the
series started Jan. 8 and will run
in six weeks series. Games will
be played every Friday at 2 p.m.
The potlucks will begin Friday
Jan. 10 at 6:30 p.m. and will con
tinue on the last Friday of every
month. Irene Hamel will be chair
man and will be assisted by her
Committee.
Dancing every Saturday night to
the music of Bennie Lofisgaard at
the drums and electric guitar. Bev
erly Evans at the piano, are en
Joyed by members and guests.
Extension
Classes To
Be Offered
Two extension division classes
that will earn college credits and
six adult education classes without
credits will be taught during the
rest of this month and early Feb.
ruary at Klamath Union Hitfh
School under direction of the ex-
tension division of the University
of Oregon.
Registrations are open tonigni,
7-9:30 in room 215 for a class In
audio-visual aids. This class, cost
ing $18 lor 10 weeks study, will
earn three hour credits. Joe La
Clair Is instructor.
The second credit class in wood
working, earning 1 hour, will be
taught by Francis Scapple. Regis
tration Is scheduled for Tuesday,
Jan. 12, 7-9:40 p.m. Cost is $18.
Adult education classes also run
ning 10 weeks and registration
riatps include: painting toll, water
and other media) taught by Gordon
Kensler, register Wednesday, Jan.
m in nt Frpmont school. 7
9 p m. All others are at KUHS. For further information J
c. ir.u u-.,.,nrt rutins Mon-1 2-2584. lH
day, Jan. 25, room
Dholocraohv. (beinni. l
KUHS. Tuesday, Jan. lo i-
silver work in jewelry, RuJ
rnom 323. KUHS- tw.11.-
, -cep
AoAT Jnn. 9rt t-nnm In . 1
p. in.; y j"is. ueorge R.J
Wednesday, Jan. 20. kJt
KUHS, 7-9 p.m.
All adult education claauJ
ss fees. C,H
Typing, business machir,..
chine shop and shorthand,
given at later dates if jJJ-
sufficient.
rr-.
. UJi ike 6Uaifi
If.
IUKTIIK
BECICER Born to Mr. and Mrs.
Robert Becker, Jan. 9 at Klamath Val
ley Hospital, a bov weighing 6 lbs. 3 nz.
THOMAS Born to Mr. and Mrs.
Kcilh T ho man, Jan. 9 at Klnmath Val
ley Hospital, a boy weighing 5 lbs. 14
CUNNINGHAM Born to Mr. and
Mrs. LaMarr Cunningham, Jan. 9 at
Klamath Valley Hospital, a girl weign-
Smith, Jan. 10 at Klamath Valley Hos-
puai. a Ein wen ding in . iz-'i oz.
BUTLER Horn tn Mr inH Mn
Raymond Butler, Jan. 10 at Klamit'n I
valley Hospital, a girl weighing 6 lbs.
12' a oz.
W1SECARVER Born to Mr. and
Mrs. Lewis Wisccarvcr. Jan. 10 at
Klamath Valley Hospital, a .girl welgh
Ing 5 lbs. Rja oz.
that conditions nnd standards of
employment change as the prod
ucts, habits and needs of men and
women change.
','It will be continually a chal
lenge to government to sense the
Inspirations of the working people
of our country, that all may have
the opportunity to fairly share In
the results of the productive gen
ius of our time, from which comes
the material blessings of the pres
ent and a greater promise for the
Working men and women, mindful future."
TUES.-WED. SPECIALS
POTATOES
10-lb. White Window Bag
ORANGES
Sweet Floridas
lb.
29
5
Grade 'AA'
Large
EGGS
CAKE MIX
doz.
Pkg.
62e
29c
Swansdown - Yellow, Choc, While
SAUSAGE 49
Swift's Brookfield - Bulk
BACON - 33
cs.
TYOUR
FbB- S-.-the Worth More Car
declares a Dividend
rwf
.tWeathervii
Minuter. Ornnni, MnsM cnntti.
through Tucsdiiv with considerable I
valley log or low eluudlncss during
night and morning hours; coolcr
Monday night. Highs 42-48; lows
26-36. Winds along const northeast
erly, 12-22 111 p.h.
Eastern OroRon Partly cloudy
Monday nli;ht and Tuesday. HiKhs
30-38; lows 12-25 except nbout 5 In
hidh valleys.
Orants Pass nnd vicinity Fnir
throuuh Tuesday wllh pntches oi
vnltey loir at night. Hlith Monday
48; low Monday night 28; high
Tuesday 46.
Northern O a 1 1 f n r n I n Fair
through Tuesday; cooler in extreme
norlh Monday night. Winds oil
coast northerly, 12-25 m.p.h. Mon
day night and Tuesday.
By TIIK ASSMM'IATKD PBKSS
24 lieurs to 4:30 a.m. Monday
Max. Mill. I'np.
No car in the low-price field has ever offered so
many "Worth More" features as the '54 Ford.
In addition to all the features that have already
established Ford as the "Worth More" car, you
now net a host of brand new dividends. These
include a choice of two new deep-block engines,
most modern in the industry . . . new Ball-Joint
Front Suspension, greatest advance In chassis
design in 20 years . . . beautiful new interiors . . .
and styling that will make your heart beat faster.
CHICAGO POTATOES
r. tlCAOO Ifl PoUtoes: Arrl.
v is 312; on track 304; total U.S.
b- ipments lor Friday 1.031: Satur
ir y 764; Sunday 25; supplies mod-
Me; demand good: market about
ndy: Colorado Red McCluret
I ' 4S; Idaho Russets 13.25-50,
L kora M 45; Minnesota. North Da
k ,ii Pontlacs M J5-50.
IDAHO FALLS POTATO! S
IDAHO PALLS 11 lUSDAi -
Potatoes; Market Inlrly steady;
Russets. No. 1A. 3-ln. minimum,
16-20 per cent 10 oi. and larger.
1.75-90, 25-30 per cent 10 ox. nnd
larger, 1.90-2.05; No. 1 extras, 2.05-15.
WE GIVE
SiH GREEN STAMPS
KC PAINT STORE
320 Klimath Av.
Bend 32 27 .19 ,
Eugene - 44 31
Xlumalh Falls .. 36 30 . .02 :
Lakevlew 39 32 .02
Medlord 50 39 .02
Newport 53 33 -
North Bead 55 38
Ontario 38 30 T
Pendleton l .11 32 .01
Portland (Alipoill 50 31 .03
Rosebuig . 47 39 .04
Salem .. 4 32
Boise, 38 29 T
Chicago 37 18
Denver 33 12
Eureka 52 41 .39
Los Angeles 60 45
New York 41 14
Red Blulf 63 42
San Francisco . ... 53 48 .49
Seattle 44 34
Plus live optional power assists you might
find only in America's costliest cirs
Masttr-Guidt power sturlng docs up
to 73o of your steering work fur
you , . . makes parking a pleasure.
Swift Surt Powtr Brakts do up to one
third ot the work of stopping for
you! Stop and go driving is easier.
taw-lift Windows open or close
smoothly, silently, electrically at
the touch of a button.
4-Wty Powtr Soot goes up or down
. . . forward or back at a touch of
the controls.
Fordomotic Drtvt combines smooth
ness of a fluid torque converter,
go" of automatic gears.
Mt extra cttst.
The new130-h.p.
-BLOCK
OVERHEAD VALVES
"V V1ia.J1rT..W '
The new 115-h.p.
ii-biocke i
HIGH-TURBULENCE
COMBUSTION CHAMBERS
SHORT-STROKE,
LOW-FRICTION DESIGN
OVERHEAD VALVES
WGH-TUKBWENCE
COMBUSTION
CHAMBERS
SHOW-STROKE,
IOW-FRCI70N
DESIGN
DOUBIE-DECK INTAKE MANIFOLD
DEEP-CAST "V-BLOCK
4-PORf INTAKE MANIFOLD
DEEP-CAST T'-BIOCK
Naw Ball-Joint Front Suipontlon
This revolutionary new suspen
sion allows greater tip and down
whirl travel for a smoother ride.
Helps keep wheels in true align
ment for eonsistentlv easv han
dling. Lubrication points are cut
from sixteen to four.
The greotest engine advance
since the original FORD V-8!
Twenty-two years ago Ford introduced
tO the low-nriro fir.lrl a-fir,An...,l,-h, mlt.
HIE AMERICAN 'KOAD
cision-engineered V-8 engine. This basic
design quickly established a new stand
ard of performance for low-priced cart.
And now, with its 22 years experienco
in building over 13,000,000 V-8's, it if
only logical that Ford is first in its field
to introduce a brand new tvpe of V-8-the
Y-block V-8 . . . together with the
most modern Six in the industry-the
new and advanced I-block Six.
Mote than 'ever...
THE STANDARD for
1954
FORD
Fiery.pricklyitch
( Common Skin Rash
Pon't lUnd uch (ormtnt tny lontfrt
IuM jmooih Hftiaol Ointrntnt on vour
irrmtrd ikin at entt St how qutfklv
iu 0 euvt mcdicAtiona combined i
Jaw bring imiuU taftftng rtbet.
Test Drive tho 54 K)RD,..ftrf
BALSIGER MOTOR CO.
PHONE K
YOU CAN Bl SUREVITH AN USED CAR'FROM YOUR FORD DEALER
MAIN AT ESPLANADE